Technology Strategic Commercial Manager

• This role requires established expertise in strategic supplier management, experience of 5 years working in supplier management and with large technology suppliers.
• Comfortable dealing with both senior stakeholders and executive level programme management.
• Good collaboration skills, bringing together the needs and requirements from Bank business customers, with the supplier capabilities and strategic direction
• The Strategic commercial manager will need to understand the Business context in which the supplier services are being used or applied, to represent the business areas needs whilst also ensuring we get the best outcome from the supplier.
• An ability to understand the risks associated with the contractual delivery of the services that have been procured and to work with the supplier and the Bank to manage/minimise these
• Experience working in Technology Commercial functions, or another similar roles, such as Technology Category Management or Technology Contracts Management
• The ability to build relationships to get the best out of suppliers.
• An ability to demonstrate a track record in managing a range of Technology contracts with strong functional knowledge of the technology provision.
• Comfortable communicating with key colleagues, up to a senior level, with effective influencing skills

• Ability to convey complex or technical information at the right level so that it is understood.
• Ensure Architecture teams are engaging potential suppliers in alignment to sourcing process.
• Knowledge and understanding of Public Procurement Processes.
• Knowledge and understanding of Transactional Processes within a Financial Institution.
• Experience of business case creation, management and delivery which demonstrates new ways of thinking.

Our Approach to Inclusion

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.

We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.

For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.

Finally, we're proud to be a member of the Disability Confident scheme. You can find more information on what this means here. If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.

Salary and Benefits Information

This specific role offers a base salary of between £61,770 - £78, 300 per annum (depending on skills and experience) on a full-time basis. We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.

In addition, we also offer a comprehensive benefits package as detailed below:

• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days’ annual leave with option to buy up to 12 additional days through flexible benefits.
• Private medical insurance and income protection.

National Security Vetting Process

Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.

The Application Process

Important: Please ensure that you complete the ‘work history’ section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It’s therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process.

The closing date for applications is 1st of June 2023

The assessment process will comprise of two stages. The first is a competency based interview and an opportunity to demonstrate your understanding and capability via a short presentation. The second will provide the chance to meet some of Technology Leadership team.